IRS Medical Mileage on the Medical Expense Deduction. Much like the mileage deduction, you can use two methods to calculate car-related expenses for this deduction. The actual expense method lets you include out-of-pocket expenses like gas and oil.
Disregarded Entity Definition - What is a Disregarded Entity? What is a disregarded entity? A disregarded entity is a business entity which is considered to be an undivided part of the owner of the entity for federal tax purposes. That is, the entity is disregarded as an entity separate from the owner.
n. 1. a single undivided entity or whole. 2. any group or individual, esp when regarded as a basic element of a larger whole. 3. (Mechanical Engineering) a mechanical part or integrated assembly of parts that performs a subsidiary function: a filter unit.